Good Morning, Look for the markets to remain quiet today with the next USDA report coming out tomorrow at 11am and with no tariff news expected. Expectations for tomorrows reports appear bearish with estimates that both stocks on hand and acreage will be higher. If...
Good Morning, Corn is up 3 and soybeans are up 9 to start the day. Short term buying or the start of something better is the question. My guess is short term buying as traders begin to position ahead of Fridays report. Average trade guesses for Friday’s acreage report...
Good morning, Slightly higher markets overnight as we see some retracement after yesterday’s big selloff. Corn was up 3 and soybeans up 5 overnight. Crop conditions last night declined slightly from 78% G/E to 77% but it is the fourth highest rating for this week in...
Good Morning, Commodities open with a weaker tone this morning as weather forecasts have changed and tariff news remains unchanged. Conditions have been favorable with the forecast showing rain in the next 5 days for the corn belt. The extended forecasts for the first...
Good Morning, Corn is trying to stay above water literally despite tariffs and favorable weather. Yesterday we saw corn close 3 higher and this morning it is trading unchanged. The current weather maps look good but there are conflicting reports for the June 28-July...
Good Morning, The markets are steady to open the morning with corn up 1 and soybeans down 1. The markets are trying to navigate the trade fears and leaving fundamentals on the sidelines for now. We have no fundamental reason for corn and soybeans to be trading as low...
